Jae-myung Lee, Governor of Gyeonggi Province. Gyeonggi-do
Gyeonggi Governor Lee Jae-myeong posted an opinion on his SNS on the 4th that “high-ranking public officials who have an influence on real estate prices should not be allowed to rent housing.” Gyeonggi Province raised the agenda after some pointed out that it was “property infringement” about promoting a plan to ban high-ranking public officials from level 4 or higher from serving as real estate rental companies.
“We should stop high-ranking officials from renting housing”
On the morning of that day, Governor Lee posted a post with the title of “Ask for the opinion of the ban on the housing rental business for senior officials.” Governor Lee said, “If speculation that earns money without working is rampant, the country will be destroyed.” Will you do it?
He added, “The white paper trust system for high-ranking public officials is completely prohibited from acquiring stocks, but the real estate blank trust system was not introduced.” Shouldn’t it be possible to stop the housing rental business?”
Lee Jae-myung Gyeonggi Governor’s Facebook screen capture
“Analysis of the list of rental business owners” on the point of’possible family name’
The current service regulations for local public officials permit concurrent positions in duties that do not correspond to profit-making duties if the public official obtains prior permission from the head of the local government. In Gyeonggi-do, nine out of grade 4 or higher civil servants registered as real estate rental businesses. Gyeonggi-do believes that the real estate rental business of public officials can be viewed as an expression of their will to continue to do business for profit in addition to public service, and thus may be subject to a ban on concurrent employment. An official in Gyeonggi Province explained, “The Local Public Officials Act also states that’public officials cannot engage in for-profit business other than public affairs’. This reflects the will of the governor that’public officials should have only one of money and power.” .
However, some pointed out that “it may be infringement of property rights under the constitution” and “if you have other family members or managers, you do not need to obtain permission to work concurrently.” In response to this point, the governor said, “After officially requesting and obtaining a list of housing rental companies in the province, we will analyze whether there are high-ranking officials or family members.” “Ten, don’t stop it,” he rebutted.
Members of the Participating Solidarity held a press conference in June of last year at the Cheongwadae Fountain Plaza to urge the full transition of the Moon Jae-in government’s real estate policy and demanded that the appointment of high-ranking public officials from multi-homed people is restricted. yunhap news
“Prohibition of investment related to public officials in charge of development information”
‘The ban on concurrent employment as a rental business operator’ is the second countermeasure for high-ranking public officials in multi-housing after Gyeonggi Province announced in July last year that “We will apply multi-housing status as a deduction factor.” In fact, Gyeonggi Province did not include one multi-homed person in the promotion personnel of level 4 or higher announced on the 2nd.
Gyeonggi-do has also devised specific measures to prevent public officials in charge of development policies such as cities, residential lands, roads, and railroads from using relevant information to invest in stocks and real estate or to provide information to others. Accordingly, public officials who have handled related business or information cannot trade or invest in property such as securities or real estate using the information within two years from the end of the business. You shouldn’t give relevant information to others. Public officials who violate are subject to disciplinary action in accordance with the Local Public Officials Act.
Reporter Choi Moran [email protected]